on bonds and other assets to boost liquidity in financial markets and prevent companies from collapsing during the coronavirus pandemic.
"The whole economy is systemically important," he said. "If they didn't go out and lend to companies ... we would lose large parts of our economy.""You are going to see central banks' balance sheets explode," he said.
Investors might feel "sticker shock" when they see price-to-earnings ratios north of 40, but those are "no less implausible than zero interest rates," he continued.Dollars could lose their appeal" in January, doubled down on that stance during the Bloomberg interview. The Bridgewater boss also described the limits to the Fed's current interventions. If a compelling alternative to the dollar emerges, investors will pile into it and dump bonds offering no return, he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Is it fair to ask Mr. Radical Transparency—A) Which crypto? B) How do I earn BlackRock’s blessing?
Radically transparent.
While I probably agree here, I’ll still bet on the American Economy over time and I am continuing to Dollar Cost Average into the markets like usual.
'Moreover, the flood of cash into markets has detached them from the real economy, meaning valuations no longer reflect fundamentals'
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the path to Dun & Bradstreet's $1.7 billion IPO - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check out our article of a SoftBank company IPO tomorrow
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Montenegro's Aman Sveti Stefan, where the rich vacation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. For each virus headline, two more virus headlines grow. COVID19 is like the mythical monster Hydra. i stayed here back in 2018, it is amazing and worth every penny!!! 🥰🥰
Source: BusinessInsider - 🏆 729. / 51 Read more »
US companies added 2.37 million jobs in June, fewer than economists expected, ADP says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Those are furloughed workers being called back, let's make that clear. You mean furloughed workers going back to work. Its critical that these number be communicated accuartely b/c ppl will interpret this as the economy is making a come back- false. Companies are NOT hiring net new employees. They have hiring freezes and are still laying ppl off. It’s good to keep news positive. But, majority of the companies have reduced overhead (people). The positive numbers are those furloughed during lockdown. Also, the world is discussing inequality. So, all professionals will not be called back fairly. This is fact.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Russia did pay extremists to attack US soldiers, Taliban sources say - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Russia once again....wasn't me 😂 Lmfao “according to 3 separate Taliban sources” TALIBAN sources? Are you guys fucking kidding?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Russia did pay extremists to attack US soldiers, Taliban sources say - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 3 Taliban sources 😂 Taliban sources are more Credible than the Idiot we have in office or this lying ass administration. Let that sink in. It’s called Soleimani Iran.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Report: San Francisco has 3rd-most billionaires out of world's cities - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Far left policies have historically been the worst for minorities and the best for the top 1% EatTheRich The Khardasian family follows San Francisco, with 3 billionaires 😁
Source: BusinessInsider - 🏆 729. / 51 Read more »